New outbreaks of COVID-19 in Asia could create delays in the global supply chain and exacerbate the global semiconductor shortage.

Chip shortage to last until at least mid-2022

Automakers are now looking at developing direct relationships with semiconductor makers, said Mark Wakefield, co-leader of Alix Partners' global automotive practice.

Chip shortage to cost automakers $110 bln in revenues in 2021

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Chip shortage to last until at least mid-2022

Chip shortage to cost automakers $110 bln in revenues in 2021